BANK boss Stephen Hester is to pocket a £780,000 bonus weeks after bailed-out RBS was slapped with a £390million fine.
The move sparked fury last night as politicians branded it "wholly unacceptable".
RBS - which is 81% owned by the taxpayer - must pay out millions over its role in the global interest rate-rigging scandal.
Senior bank staff have seen their bonuses axed or slashed in the fallout from the Libor rate fiddle.
But Hester, 52, will get a £780,000 share-based payment next month. Full story...
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The move sparked fury last night as politicians branded it "wholly unacceptable".
RBS - which is 81% owned by the taxpayer - must pay out millions over its role in the global interest rate-rigging scandal.
Senior bank staff have seen their bonuses axed or slashed in the fallout from the Libor rate fiddle.
But Hester, 52, will get a £780,000 share-based payment next month. Full story...
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- Disgraced Barclays "Libor" chief Jerry del Missier awarded £9million bonus...
- World's top bankers handed 12% pay rise to average $12.8MILLION...
- Outrage at RBS chief Stephen Hester's £963,000 bonus ...
- The $2 billion UBS incident: 'Rogue Trader' my ass...
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